Hedge Fund News From HedgeCo.Net

Raleigh hedge fund shareholders to vote on takeover

BizJournal – One of Raleigh’s premier hedge funds is set to come under new ownership, pending the results of a stakeholder vote scheduled for late January.

In October, Hatteras Funds Group agreed to be acquired by RCS Capital Corporation (NYSE: RCAP), a New York-based investment advisory firm focused on the real estate sector that went public in June.

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